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Listed by Kevin Jacky Hom • Compass
$ 799,999
Est. payment | /mo
6 Beds
3 Baths
2,582 SqFt
$ 799,999
Est. payment | /mo
6 Beds
3 Baths
2,582 SqFt
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,582 sqft
Price per Sqft $309
MLS Listing ID BE41109541
Bedrooms 6
Year Built 1964
Lot Size 4,200 Sqft
Property Sub-Type Triplex
Source Bay East
Property Description
8.21 GRM & 7.95% Cap Rate! This exceptional triplex in the vibrant Elmhurst Park neighborhood offers a compelling investment prospect for discerning buyers. Fully occupied and showcasing modern renovations, the property ensures steady income and low maintenance costs. Each unit is thoughtfully updated with contemporary living spaces, featuring fresh, stylish interiors and durable, high-quality finishes. Residents enjoy a serene escape just a short stroll from Elmhurst Park, with seamless connectivity offered by the nearby BART station and easy access to I-880/I-580/I-80. A rare find, the property includes three garage spots and three driveway spots. Situated near grocery stores, restaurants, and essential services, the location provides a convenient lifestyle with minimal need for a car, thanks to accessible public transportation. Quality tenants guarantee immediate rental income from day one. With competitive rental rates, this property promises excellent returns on investment, underscored by its strong income-generating potential.
Location
State CA
County Alameda
Area Oakland Zip Code 94603
Interior
Heating Gas
Cooling Air Conditioning - None
Flooring Vinyl
Laundry Dryer
Exterior
Exterior Feature Stucco
Parking Features Gate / Door Opener, Off-Street Parking
Garage Spaces 6.0
Roof Type Other
Building
Lot Description Regular
Water Public
Others
Tax ID 444-961-211
Special Listing Condition Not Applicable
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Drew Reid
REALTOR® | Lic# 01332884